TotalEnergies turns 100 years old

It was a bold decision. On March 28, 1924, the Compagnie Française des Pétroles was founded in France - a country without any oil reserves! Background: The aim was to secure France's energy supply – and soon grew beyond the country's borders: Today, around 100,000 employees work for TotalEnergies in 120 countries worldwide.

The French once faced the pressure of operating without oil reserves and therefore had to rely on technology, which also enabled international expansion: Over the years, TotalEnergies has repeatedly expanded technical and geographical boundaries, constantly adapting to changing needs and customer expectations. The company acquired additional expertise and experience, including by merging with Petrofina and Elf-Aquitaine, and more recently with Maersk Oil, Saft, or Direct Energie.

The transformation into a multi-energy company: The 21st century will be electric

While oil was the energy of the 20th century, natural gas and decarbonized energy are central to the energy system of tomorrow. Natural gas is necessary for the energy transition, supporting the rise of intermittent renewable energies and replacing coal, which emits twice as much CO2 in electricity generation. TotalEnergies is currently the third-largest player globally in the field of liquefied natural gas (LNG). And in electricity, we are one of the most dynamic developers of solar and wind energy worldwide. Electricity is the energy at the heart of decarbonization, and the 21st century will undoubtedly be electric.

According to its own statements, TotalEnergies has been resolutely implementing its transition strategy since 2020, which revolves around two pillars: hydrocarbons (including LNG) and electricity. The company has the ambition to successfully manage the transition and support customers in their “transfer” towards CO2 neutrality.